Hi-Great Group Holding Return on Equity (ROE) Growth & History (HIGR)
Hi-Great Group Holding's return on equity was 59.89% for fiscal 2022.
View full Hi-Great Group Holding company overviewHi-Great Group Holding annual return on equity history
2022
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2022 | 2022-12-31 | 59.89% | — |
Hi-Great Group Holding quarterly return on equity
Q3.21
Q4.21
Q1.22
Q2.22
Q1.23
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q1 2023 | 2023-03-31 | −363.34% | −423.94 pp |
| Q2 2022 | 2022-06-30 | −122.57% | — |
| Q1 2022 | 2022-03-31 | 60.60% | — |
| Q4 2021 | 2021-12-31 | −5.68% | — |
| Q3 2021 | 2021-09-30 | 115.27% | — |
Hi-Great Group Holding return on equity trends
The latest reported quarter, Q1 2023, shows −363.34%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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